AGP Executive Report
Last update: 5 hours agoOil & Contracts: ExxonMobil told investors Guyana’s Stabroek profit share will fall again as new offshore spending is added back into its recoverable cost bank, reigniting calls from opposition and legal voices to renegotiate or ring-fence future terms. Maritime Safety: The MV Barima Commission of Inquiry says it’s moving toward public hearings later this month, after site surveys, document gathering, and setting up its secretariat and hearing venue at the Arthur Chung Conference Centre. Public Works & Security: Police are probing the theft of about 90 feet of copper cable from the Bharrat Jagdeo Demerara River Bridge, leaving LED bridge lights powerless and valued at roughly GY$1.62M. Power & Industry: GPL and the Mayor and City Council of Georgetown signed an MoU to secure land for the Princes Street 69kV/13.8kV substation, with financial obligations to be reconciled. Energy Sector Training: The Guyana Energy Agency ran LPG cylinder bulk transportation safety training with GNBS, the Fire Service, the EPA and bottlers to tighten compliance across the LPG supply chain. Mining Governance: GGMC warned it will crack down on unauthorised sale or transfer of mining lands and urged tenure holders to seek clarification before any transactions. Hinterland Services: President Ali urged telecom providers to invest more in hinterland connectivity, while government highlighted ICT spending to bridge the digital divide. Construction Safety: Labour investigators are looking into a fatal Houston scaffold accident where a scaffold rolled into live GPL lines, killing one worker and injuring two others. Finance & Logistics: Pas Cargo Guyana secured its first IDB Lab loan, marking a boost for private-sector financing beyond oil. Infrastructure Diplomacy: China hit back at US criticism of Chinese-built Guyana infrastructure, calling the remarks malicious and politically motivated.
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